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Markets show slowing momentum after rally with Nifty resistance near 24300 warns Rohit Srivastava
Economy
Published on 4 May 2026
Rally may look strong but buyers could be tiring soon
Indian equities continue to climb, but experts warn the rally may be nearing near-term exhaustion as momentum slows. The broader uptrend is still intact, yet traders are urged to stay cautious ahead of key Nifty resistance around 24,300. Real estate stands out with early turnaround signals after a prolonged downtrend, while future rate-cycle changes could drive catalysts.
- Momentum is slowing despite continued market gains
- Nifty resistance seen around 24,300 levels
- Real estate shows early signs of turnaround
- Rate-cycle changes may provide the next catalyst
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times